25-11-2021, 11:57
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#257
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cf.mega poster
Join Date: Jun 2003
Location: Kairdiff-by-the-sea
Age: 68
Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo
Posts: 9,811
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Re: Energy companies collapse
Just arrived by email
Quote:
You’ll have seen in the news recently that rising gas prices have impacted a number of energy suppliers. Orbit has been a well-run energy supplier, and we have always taken a prudent approach to the way we buy your energy so that we could sustainably, give you the best price possible.
Sadly, the UK government and our regulator Ofgem, expects us to sell energy at a price far lower than the cost to buy - which makes operating unsustainable. It is with a heavy heart that I write to you, our loyal customers, to let you know that despite our best efforts, supplying energy to UK households is no longer viable. This means Orbit Energy will cease trading as of 25th November 2021.
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